Food & Beverage M&A » By The Online Investor Staff, updated Sat., Feb. 27, 1:51 AM
Recent mergers and acquisitions in the Food & Beverage M&A category.
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Slide #70. Campbell Soup Company — Plum Organics
Acquirer:
Campbell Soup Company (NYSE:CPB)
Acquiree:
Plum Organics
Details:
Campbell Soup Company (NYSE:CPB) today announced it has entered into an agreement to acquire Plum Organics, a leading provider of premium, organic foods and snacks that serve the nutritional needs of babies, toddlers and children. The company is based in Emeryville, Calif. "Plum" is the No. 2 brand of organic baby food in the U.S. and is currently the No. 4 baby food brand overall.
Campbell Soup is a manufacturer and marketer of food and beverage products. Co.'s reportable segments are: Meals and Beverages, which includes the retail and foodservice businesses in the U.S. and Canada, and the products include Swanson broth and stocks, Prego pasta sauces, and Campbell's tomato juice; and Snacks, which consists of Pepperidge Farm cookies, crackers, fresh bakery and frozen products in U.S. retail, including Milano cookies and Goldfish crackers, and Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory Pretzel Crisps, Pop Secret popcorn, Emerald nuts, and other snacking products in the U.S. and Canada.
Campbell Soup SEC Filing Email Alerts Service
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Avg. Broker Rec.
 
|
Hold (1.91 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: CPB Stock Forecast Based on Zacks ABR data; powered by Xignite |
